MA (Hons) Economics and Business Management
The course
- UCAS code
- LN12
- Duration
- 4 years
- Location
- Edinburgh
- Delivery type
- Full-time
Economics at Heriot-Watt University's Edinburgh Business School is underpinned by the work of globally active researchers and has the 3rd highest level of student satisfaction in the UK (NSS2019). This joint degree prepares you for a career in business.
Contact
Got questions about this programme?
Contact our enquiries team.
Overview
The MA in Economics and Business Management requires no prior knowledge of the core subject areas of management or economics. The course offers flexibility, allowing students to tailor their choices to suit their own interests. It provides students with the skills necessary for an understanding of both economic and management situations but which are equally transferable to many other situations.
Heriot-Watt University was ranked as the Number 1 place in Scotland, and 3rd in the United Kingdom, to study Economics in the Guardian University League Tables 2018, behind only Oxford and Cambridge. It also achieved the highest level of overall student satisfaction in Scotland, and 3rd highest in the UK, in the National Student Survey 2019.
Go Global
This course is currently only delivered at our Edinburgh Campus and there are no current opportunities to study at exchange partner institutions.
However, other Go Global opportunities may be available. Please contact goglobal@hw.ac.uk for more information.
Course content
Year 1
Year 1 - Semester 1 (All Year 1 students at the School take the same subjects)
- Management in a Global Context
- Introduction to Accounting and Finance
- Introduction to Economics
- Introduction to Marketing
Year 1 - Semester 1 (All Year 1 students at the School take the same subjects)
- Academic Skills
- Becoming a Professional
- Discovering Business
Year 2
Semester 1
- Intermediate Economics 1: Theory & Techniques (30 credits)
- Quantitative Methods
- Financial Reporting
Semester 2
- Intermediate Economics 2
- Statistical Techniques
- Management Accounting in Organisations
Across both semesters
- One Business Management option
- Three electives
Year 3
Semester 1
- Introductory Econometrics
- Advanced Economics 1
Semester 2
- Econometrics Project
- Advanced Economics 2
Across both semesters
- One Business Management option
- Three electives
Year 4
Semester 1
- Advanced Economic Policy 1
Semester 2
- Advanced Economic Policy 2
Across both semesters
- Three Business Management options
- One Economics option
- Two options from Accountancy & Finance, Economics or Business Management
Employability
Salary
- The average salary of students 15 months after graduating: £25000
- The average UK salary of students 15 months after graduating from a similar course: £23000
Jobs
These are the most common high skilled jobs students go into 15 months after graduating:
- Finance professionals
- Information Technology professionals
Entry requirements
Year 1
Standard entry requirements
- Highers AABB (over two sittings)
- A-Levels BBC - ABB
- Int. Baccalaureate 29 points
- BTEC DDM (Accountancy, Business, Economics, Finance preferred)
- HNC B in graded unit (Accounting or Business preferred)
Minimum entry requirements*
- Highers BBBC
- A-Levels BBC - ABB
* Minimum: under our Fair Access Policy, we will relax our standard entry requirements for some Scottish students depending on their circumstances. Our minimum requirements will apply if you:
- live in an area within the Scottish Index of Multiple Deprivation lowest 20% (SIMD20), or
- are care experienced.
We can also make exceptions for some Scottish students with grades above minimum but below standard. Read more about our Minimum and standard entry requirements
Fees
| Status* | Scotland | England / Wales / N Ireland / Rep Ireland** | International*** |
|---|---|---|---|
| Fee | Paid by SAAS | £9,250 | £TBC |
* Your residency 'status' is usually defined as the country where you have been ordinarily resident for the three years before the start of your course. Find out more about tuition fees.
** 'Rest of the UK' (RUK) and Republic of Ireland students entering at Level 1 receive a fee waiver of one year's tuition fee. Normally this will be the final year, or a year during which students study abroad (either at a partnership institution, or at one of Heriot-Watt's overseas campuses).
*** 'International' includes applicants from European Union countries who do not hold Pre-Settled or Settled status in UK. (This does not include students from the Republic of Ireland - see above). Read more about the application process for EU nationals.
Additional fee information
Students with Scotland fee status pay £910 for the placement year instead of the standard fees. Students with England, Northern Ireland, Wales or Overseas fee status pay £1300 for the placement year instead of the standard fees.
Scholarships and bursaries
Bursaries for students from England, Northern Ireland or Wales starting undergraduate degree courses in 2021
In addition to government loans and grants towards the costs of fees and living costs, we are offering generous financial support to attract and support eligible students from England, Northern Ireland or Wales:
- Heriot-Watt University Bursary (up to £3,100 per year)
View our full range of undergraduate scholarships.